Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Variational Omni+1.424%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)−1.612%−$161 · spread now +1.424%, 7d avg +0.021%
=Together, before fees−1.652%+ Points / potential airdropVariational Omni: Active · farm board−$165 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 1.403% dearer against Variational Omni than usual: you sell high and buy low (spread +1.424% now, against its 7-day average of +0.021%): +$140 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CHIP | 0.04609 | 0.0100 | pay 0.0050% / 4h | 56m 32s | $849K | $453K | — |
| Short | Bybit CHIPUSDT | 0.04675 | 0.0065 | get 0.0032% / 4h | 56m 32s | $10.9M | $9.0M | 20x |
Variational Omni CHIP
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.46
- Price spread: +1.424% → +0.021%
- $140.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $121.81
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Bybit: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 23 min ago | 4.34 bp | doesn't fit | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.07 bp | 30.5 bp −$30 | 144.5 bp −$1,445 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1058% | 1h | 0.04667 | +1.250% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04609 | −0.008% | $3K | $139K | 5x | as long as short |
| Nado CHIP-PERP | −0.0214% | 1h | 0.04672 | +1.359% | $234K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0103% | 4h | 0.04671 | +1.337% | $1.9M | $9.3M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0103% | 1h | 0.04625 | +0.332% | $116 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0059% | 4h | 0.04668 | +1.272% | $548K | $68K | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0041% | 1h | 0.04613 | +0.079% | $14K | $247K | 50x | as long as short |
| MEXC CHIP_USDT | −0.0002% | 4h | 0.04672 | +1.359% | $1.8M | $1.1M | 50x | as long as short |
| Extended CHIP-USD | 0.0000% | 1h | 0.04671 | +1.339% | $212K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0001% | 4h | 0.04670 | +1.315% | $14.0M | $26.0M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
ApeX Omni CHIPUSDT
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDTshort | +0.0065% | 4h | 0.04675 | +1.424% | $10.9M | $9.0M | 20x | |
| Lighter CHIP | +0.0096% | 1h | 0.04676 | +1.445% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04683 | +1.599% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04678 | +1.490% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04676 | +1.445% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04679 | +1.510% | $692K | $907K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04678 | +1.489% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04674 | +1.402% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04674 | +1.402% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04609 | long leg | $849K | $453K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04658 | +1.055% | $760 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04653 | +0.942% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1570% | 1h | 0.04680 | +1.534% | $10K | $25K | 10x | as long as short |
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL